Airbnb Property Management Miami

Yes. The City of Miami requires that any unit/property that will be operated within the city as a rental will need to apply for a Rental Property License from the city, state and county. The Rental Tax Application helps to ensure the rental unit(s) meet and maintain the housing standards implemented by the city. Hosts will also need to make sure that all of their properties must be in accordance with city and county bylaws maintaining a high standard of both interior and exterior property maintenance. 

The County of Miami-Dade defines a short-term rental as any unit or group of units in a condominium, cooperative, or individually or collectively owned single-family or multi-family house that is rented to guests more than three times per year for periods of less than 30 days or one calendar month. A vacation rental license is required to operate in any capacity within the city limits. You can find further information here. The city requires all Conversion/construction of units for Short-Term Rental/Lodging use requires a Change of Use (CU)/Change of Occupancy (CO) to ensure you are compliant with applicable codes.

It certainly depends on property and location. Fort Lauderdale is a market that sees traffic year round. The geographical location of the city offers up unbeatable weather, shopping, food, arts and culture as well as being a short drive from one of the premier destinations for entertainment and tourism in Miami. The average nightly rate for an entire unit ranges from $250-$400 with the average booking rate roughly $350 per night. High end luxury units being in the $700+ per night range. Our estimates would suggest that the standard Miami property could generate $3500+ a month with luxury units in the more sought after neighborhoods looking at monthly revenue upwards of $9000. With the correct management plan and analytics your property could become 

Miami is one of the world’s most iconic travel destinations. Drawing international attention for its vibrant culture, stunning beaches , and truly global appeal. Nicknamed the “Gateway to the Americas” the city blends Latin American flair with international appeal, offering visitors a unique mix of art, music, fashion, nightlife and cuisine. From the beautiful murals of the Wynwood Walls and the historic charm of Little Havana to the high-end shopping of the design district. Miami is the true gem of the south atlantic United States, offering up something for everyone. Its turquoise waters, year-round sunshine, and international events like Art Basel and the Miami International Boat Show further establish its reputation as a premier getaway destination for every tourist.

Miami has all the trademarks of a powerhouse rental market. Welcoming over anywhere from 25-27 million visitors a year, the city enjoys strong and consistent tourism demands throughout the year – fuelling high occupancy rates across both short- and long term rentals. Miami’s diverse tourism base – from international tourists and cruise goers to business travelers, snowbirds (think of the golden girls), and digital nomads – ensures steady bookings year round. The city’s global connectivity through the Miami International Airport and the Port of Miami, thriving financial and tech sectors, and the citys reputation for the luxury life make it attractive for both professionals and vacationers. With diverse real estate options, world class amenities and major international appear that spike the demand, Miami continues to be one of the most profitable and sought after destinations for investors and tourists alike.

We take on properties that are going to be attractive to people coming into town for a short term or monthly rental. We try to focus on nicer homes or condos that allow short term rentals or rentals of at least one to three months. A big part of the short term rental guest experience is the condition of the property. Even if a home or condo is in the best location in the city, it’s important that it’s well kept in order to avoid guest issues. Airbnb management is about making guests happy and a great experience is dependent on both a five star service and a great property.

Our clients typically have a long term mindset towards working with us. We’re focused on providing an excellent service managing our clients properties on Airbnb and other short term rental platforms.  Short term rental management is a service that requires a lot of mutual trust, and we want to work with people who want to build a relationship that lasts.

We’re a local company focused on building lifetime relationships within the community. While we have clients who have been with us over a decade, we also understand people’s situations change and they may need to sell the home or stop renting it out. It’s common for former clients to refer their family or friends or come back after years with a different property. Our mindset is once a client, always a client. While our community of homeowners is local, our community of guests is global. It’s an honor to be able to work with our clients who share their homes with people all over the world and enrich their experiences travelling to the city. 

A big factor when choosing an Airbnb management company in Miami is that they are local. There are a lot of moving parts to managing a short term rental and for people who want to be hands off it’s important the company they work with has local presence and experience. Many guests who visit Miami are here on vacation and every detail matters when it comes to their stay. A local company helps ensure that there is that extra level of attention and service to ensure things run smoothly.

There are many different ways a property owner can find someone to manage their property on Airbnb and other short term rental platforms. If you have a friend who works with an Airbnb management company you can ask them if you are happy with their service and ask them to refer you. Some property owners do their research online and find a company that is the best fit for them. Everyone has their own method for selecting a company that is the best fit for their personal goals.

The model for most Airbnb management companies is a commission percentage taken based on each booking. Some companies provide solely online short term rental management services, while others provide a full service model. The full service model is typically more hands on and a higher commission compared to the online model. The online model is great for hosts who want to be actively involved on the ground but need help with generating and optimizing bookings. As a local Airbnb management company in Miami we provide both full service and online only services depending on our clients needs.

The first step is to create an attractive Airbnb listing you’re proud of on short-term rental platforms. An attractive listing features professional photos and a well written description of the property and the surrounding areas. Next a pricing strategy that factors demand across seasons should be implemented. We do our best to employ a pricing strategy that is a good fit for our clients depending on their goals. Once bookings are coming in, we arrange to ensure the property is clean and well maintained as well as provide guests recommendations to enhance their overall experience.